Problem 17-1 Dividends and Taxes [LO2] Dark Day‚ Inc.‚ has declared a $5.60 per share dividend. Suppose capital gains are not taxed‚ but dividends are taxed at 15 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. Dark Day sells for $94.10 per share‚ and the stock is about to go ex-dividend. What do you think the ex-dividend price will be? (Round your answer to 2 decimal places. (e.g.‚ 32.16)) Ex-dividend price $ Problem 17-2 Stock Dividends
Premium Dividend Stock market Stock
INCOME TAXES AND DIVIDEND POLICY The income taxes of stockholders should affect the dividend policy of a firm. To help you understand these tax implications‚ we shall first examine the importance of tax deferral and then show the impact of having two different tax rates‚ one for ordinary income and one for capital gains. Rational stockholders should value a stock based on the after-tax returns they expect to receive from owning it. The tax status of the return depends on the form in which it is
Premium Taxation Tax Taxation in the United States
Earning of actors and professional athletes With the development of economy‚ people are satisfied with the physical needs. Thus people began to chase the spiritual needs. Entertainment and sports became an important way to do so. So there are many actors and professional athletes appeared. And they usually can get much money from their job‚ which many people cannot understand. Because people think actors and professional athletes are not worthy to get high salary. However‚ I think that actors and
Premium Michael Jackson Celebrity
Earning management is good or not? Introdcution This essay is to examine whether earning management is it good or bad. Though there is so many debate about whether it should be accepted to be good rather than bad‚ however‚ this essay will explain the both side of earnings management. Earnings management reduces the quality of financial reporting‚ it can interfere with the resource allocation in the economy and can bring adverse consequences to the financial market. This essay analyses both‚ causes
Premium Generally Accepted Accounting Principles Contract Management
Nosleep_630-296-7536 I’m sure that all of you on /r/nosleep are used to the cry for help type stories by now. Help me‚ help me‚ blah-blah-blah. I won’t bore you with another. Even if I wanted your help‚ you couldn’t give it to me‚ because your help is useless. Why? Because you’re not a member. I just wish that I wasn’t either. It all started innocently enough. With a phone call. I’d been up for a few hours‚ unpacking and cleaning‚ waiting for the plumber to call. I just moved into a cabin and
Premium Telephone Telephone exchange Telephone number
The theme of this book is that your enemies may not always be your enemy and your allies may not always be your allies. Aleksandar is a Austro-Hungarian prince whose parents were assassinated on a political trip to Sarajevo. One portrayal of the theme is that Alek is being chased by “allies‚” he Clankers‚ he thought were on his side. The Clankers are attempting to kill him. Alek would’ve thought the Darwinists‚ the clankers “enemies‚” would be the ones chasing them. He is on the run with his fencing
Premium World War II World War I Archduke Franz Ferdinand of Austria
(2006) 511–529 www.elsevier.com/locate/jfec CEO incentives and earnings management$ Daniel Bergstressera‚Â Thomas Philipponb a Harvard Business School‚ Boston MA 02163‚USA NYU Stern School of Business‚ New York‚ NY 10012‚USA b Received 25 September 2003; accepted 13 October 2004 Available online 22 December 2005 Abtract We provide evidence that the use of discretionary accruals to manipulate reported earnings is more pronounced at firms where the CEO’s potential total compensation
Premium Stock market Stock Balance sheet
Name: Phat Huynh Class: Sociology 1 Professor: Moyer May 25th 2010 Terrorism and suicide bombers Nowadays‚ terrorism and suicide bombers are “hot” and challenging issues for not only US but also all over the world. According to Wikepedia‚ terrorism is the general sense‚the systematic use of terror especially as a means of coercion. For example‚ in the morning 9/11/2001‚ 19 al-Qaeda terrorist hijacked four
Premium Al-Qaeda September 11 attacks Osama bin Laden
couple different views on how this will affect the economy and income from taxes. I will present both arguments to you for you to decide on which way you may lean‚ although my mind is already made up on the matter. First off‚ as I have seen the two viewpoints are a liberal and a conservative viewpoint. First I will present the liberal viewpoint. As some of the liberal members of congress and the media see it‚ raising taxes will increase the amount of money that they will receive from so called wealthy
Premium Income tax Corporate tax Tax
Raising Taxes on Fast Food Which sounds better‚ a $10 burger and soda‚ or a $3 grilled chicken salad and water? While convenient and cheap‚ the widespread eating of fast food has caused many health problems throughout America. By raising taxes and making fast food more expensive‚ I think Americans will begin to eat healthier‚ other restaurants will see economic success‚ and the government will spend much less on health care. When fast food prices are jacked up‚ this offers people an incentive
Premium Nutrition Health care Health